This is nothing knew, everyone knew this. However maybe you weren't aware by just how much!
The average cost of an apartment in London is now at a staggering £1,188,240. That is only for a 120 square foot apartment too. This provides and average price per square foot of £9,902.
The second highest prices in Europe, Paris, has a price per square foot of £6,947. The remaining capitals of Europe have prices at less than half of Europe at less than £4000 per square foot.
However this super high cost of living is resulting in low standards of living in the UK despite higher earnings. This has left the UK at the bottom of the standard of living list placing only above Ireland!
Saturday, 19 July 2008
Cost of London Property the Highest in Europe
Posted by
LiveSimply
at
17:13
Labels: london, property prices
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